The Journey

1982-83

Formation of Village Welfare Society

1996-97

Beginning of microfinance operations

2004-05

VFS is formed under Section 25 of the Companies Act

2006-07

Acquisition of NBFC

2013-14

Reclassification by RBI as NBFC-MFI

2016-17

Drafting of Vision 20-20

2017-18

VFS turns into a limited company; gets Private Equity funding

2018-19

VFS sees its Assets Under Management cross
Rs 1,000 crore.